Purchaser Nominee definition

Purchaser Nominee means any person designated by the Purchaser Representative to be nominated by the Company for election to the Board of Directors as a Series A Director pursuant to Section 4.1(b).

Purchaser Nominee means (i) a direct or indirect wholly-owned subsidiary of Purchaser or (ii) any other Person that is an affiliate of Purchaser, provided that in the case of either (i) or (ii) such Person shall comply with and meet the requirements of Seller’s and GE Capital Aviation Services Limited’s know your customer checks and due diligence and shall otherwise be acceptable to and approved by Seller at its discretion.

Purchaser Nominee means any of them.

Examples of Purchaser Nominee in a sentence

• If at any time during the period when the Purchaser Nominee(s) have a right to be appointed to the Board pursuant to this Section 2, there shall occur a vacancy in the Board seat previously occupied by a Purchaser Nominee by reason of resignation, removal, death or incapacity, then such vacancy shall be filled by another Purchaser Nominee designated in accordance with this Section 2.

• If the Purchaser Nominee is removed for cause or is otherwise unwilling or unable to serve as a director of the Company for any reason, Purchaser shall notify the Company in writing of a replacement Purchaser Nominee and the Company shall cause such replacement Purchaser Nominee to be appointed provided that such replacement Purchaser Nominee is reasonably acceptable to the Company.

• Each Purchaser Nominee must be eligible to serve on a NYSE-listed company board of directors under applicable Law, Commission rules, the New York Stock Exchange rules, and the nomination criteria policies of the Corporate Governance and Nominating Committee of the Board of Directors in effect as of the date of this Agreement.

• Prior to the Closing Date, the Company shall make all amendments to its Corporate Governance and Nominating Committee Charter as may be necessary to allow one Purchaser Nominee director to serve on the Corporate Governance and Nominating Committee of the Board of Directors.

• Pursuant to the Securities Purchase Agreement, for so long as Cambiar owns shares of Common Stock constituting more than 4.9% (subject to certain terms and conditions set forth therein) and such Purchaser Nominee shall be nominated by the Board for re-election as a director at Until the one-year anniversary of the date of the Securities Purchase Agreement, Cambiar may not transfer any of the shares of Common Stock without prior written consent.

More Definitions of Purchaser Nominee

Purchaser Nominee means any Affiliate or Affiliates of the Purchaser that the Purchaser indicates to AWI as transferee or transferees of the Sale Shares, or portions of the Sale Shares, under the Local Share Transfer Agreements; to the extent the Purchaser has not indicated a Purchaser Nominee in relation to certain Sale Shares at the latest five Business Days prior to the Completion Date, the Purchaser itself shall be deemed transferee in relation to these Sale Shares;

Purchaser Nominee has the meaning specified in Section 4.18(1)(b) hereof.

Purchaser Nominee means the person nominated in writing by the Purchaser to be appointed as a director of PacNet in place of one of the VCL Directors; US$ means the lawful currency of the United States of America;

Purchaser Nominee is defined in Section 5.4.

Purchaser Nominee shall have the meaning ascribed to such term in Section 4.11(a)(i).

Purchaser Nominee means any BBAM Party which: (a) complies with Seller’s and the relevant Lessee’s know your customer checks and due diligence and (b) is capable of entering into the Relevant Documents to which it is or will be a party and giving the representations required thereunder.

Purchaser Nominee is defined in Section 6. ----------------- ---------